I propose to you that our partnership should be dissolved on
the twenty-fifth day of March next: That the disposal of the lease of the house
and every other matter of difference that may arise respecting our dissolution
shall be determined by arbitrators—each of us to choose one—and
that so chosen they shall appoint a third person as umpire whom they may
mutually agree upon previous to their entering upon the business:

I am willing to sign a bond to this effect immediately, and I
think that I shall be able to determine my arbitrator some day next week.

As I know this proposal to be as fair as one man could make to
another in a like situation, and in order to prevent unpleasant altercation or
unnecessary discussion, I declare it to be the last with which I intend to
trouble you.

I take this opportunity of saying that, however much we may
differ upon matters of business, I most sincerely wish you well.